Ballot

(redirected from balloter)
Also found in: Dictionary, Thesaurus, Legal, Encyclopedia.

Ballot

The document distributed at the annual meeting to shareholders of record who wish to vote their shares in person.

Ballot

A document on which a shareholder records his/her preference for a decision, especially in elections for the board of directors. The ballot may represent one vote per shareholder, but more commonly, it represents one vote per share, giving persons and companies with more shares greater say. Ballots may be filled electronically, over the phone, or in person on paper. They are used at the annual meeting of shareholders and other meetings the company may call. See also: Proxy Ballot.
References in periodicals archive ?
The share registrars and balloters play important role in handling securities' issuance and transfer; preparation and maintaining members' registers, distribution of right and bonus shares, cash dividend and notices on behalf of their clients.
The functions of balloters and transfer agents are also of important nature as they, on behalf of the issuers, are responsible for keeping and properly maintaining the share register and involved in the issuance and transfer of securities.
First-time voters and seasoned balloters alike said they were upbeat about making their votes count for the presidential race and other contests.
The SECP has observed that most of the listed companies have not appointed share registrar which is a violation of the Balloters and Transfer Agents Rules, said a statement issued by SECP here Wednesday.
In addition, relaxation from the requirements of rule 4 (i) of the Balloters, Transfer Agents and Underwriters Rules, 2001 was granted to two companies enabling both the companies to arrange underwriting of their proposed right issue.